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Dec 4, 2012
12/12
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washington insiders tackle fiscal cliff policy solutions. the group will hold a roundtable discussion today on the importance of reform to address the nation's debt and deficit spending this event takes place this morning around 8:30 a.m. eastern time. go to our website for all our coverage of the fiscal cliff talks. we have a web site set up so you can follow along on our special page for these fiscal cliff talks. back to your phone calls. good morning, doris. caller: good morning. the plan that the republicans offered, this is just the romney-ryan plan that the american voters said no to. other than destroying our earned benefit, i do not call them entitlements because we worked hard and we earned them. there are no specifics. what loopholes will they close? of course, they are going to punish the poor and middle- class. their plan still gives another huge tax cut to the 1%. people need to look at what happened to this country between fdr and nixon. look at what happened with the conservative takeover from nixon until now. host: we are goi
washington insiders tackle fiscal cliff policy solutions. the group will hold a roundtable discussion today on the importance of reform to address the nation's debt and deficit spending this event takes place this morning around 8:30 a.m. eastern time. go to our website for all our coverage of the fiscal cliff talks. we have a web site set up so you can follow along on our special page for these fiscal cliff talks. back to your phone calls. good morning, doris. caller: good morning. the plan...
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Nov 29, 2012
11/12
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host: this is part of a continuing series on "washington journal" focusing on a fiscal cliff. our conversation has broadened. to bring it back to the payroll tax cut and remind you it was enacted in december of 2010, designed to temporarily boost the economy and reduce the tax to% from 6.2% to 4.2% and increased take-home pay about an average of $1,000 to $1,800 per worker. it expires at the end of the year, rates will revert back to 6.2%. if you make $35,000 or so, that will be an extra $700 in taxes. the $2,000, an extra thousand dollars. 75,000, $1,500. finally, $110,000, the upper limit of the payroll tax, another $2,200 will come out of your paycheck. lesley ann north carolina -- in north carolina. caller: neither one of you is going to like my suggestion for all of these taxes. our government is so broke. everyone is saying we need more money. i thinif the taxes go up and the spending cuts come into effect, it is about $500 billion a year. that is about $71 billion a month. we are borrowing $120 billion a month. even if all these taxes go up, and we're still going to be
host: this is part of a continuing series on "washington journal" focusing on a fiscal cliff. our conversation has broadened. to bring it back to the payroll tax cut and remind you it was enacted in december of 2010, designed to temporarily boost the economy and reduce the tax to% from 6.2% to 4.2% and increased take-home pay about an average of $1,000 to $1,800 per worker. it expires at the end of the year, rates will revert back to 6.2%. if you make $35,000 or so, that will be an...
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Dec 6, 2012
12/12
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" talking about the fiscal cliff. we want to start off hearing from you on a different topic. what do you think about hillary clinton's future and her running for president in 2016? that is our question this morning on the "washington journal." you can start dialing in now, or you can contact us via social media. you can make a comment on our facebook page. you can also send us an e-mail. from "the hill" newspaper yesterday -- a new poll by abc news and "the washington post." 57% say they support a presidential bid from every clinton in 2016. -- from hillary clinton in 2016. 68% approved of her work as secretary of state. 66% hold a favorable view of clinton after her department has faced criticism over the handling of benghazi and libya. clinton also has heavy support in new york were 54% of registered voters say they would support a presidential bid by her in 2016. that is an "the hill" newspaper. we have lots of facebook comments already on this question. we want to share a couple of those with thieu. jackie says "
" talking about the fiscal cliff. we want to start off hearing from you on a different topic. what do you think about hillary clinton's future and her running for president in 2016? that is our question this morning on the "washington journal." you can start dialing in now, or you can contact us via social media. you can make a comment on our facebook page. you can also send us an e-mail. from "the hill" newspaper yesterday -- a new poll by abc news and "the...
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Dec 7, 2012
12/12
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a lot of columns this morning talking about this issue, the ongoing fiscal cliff negotiations. here is "the washington post." we are taking your thoughts on the issue. but gutted the independent line. welcome to the "washington journal." caller: i agree also with a caller on the democrat line. i agree with what he was referring to -- c-span changing a with bias. the issues, they did not talk about it. the ones who are behind it are the political parties. the industrial military complex host: if the country does off of the fiscal cliff, who do you think it's more of the blame on this? it is the president of the united states or congress? caller: the people are being brainwashed to not speak up and get together like an tahrir square and rise up and say, we have to do it with this. we have to do away with destroying the country. we have to do away with $1 billion to a number of countries including israel. host: all right. we want to point out this from "usa today," in there opinion page. we are taking your calls for the next half hour or so on this segment. i want to point out a p
a lot of columns this morning talking about this issue, the ongoing fiscal cliff negotiations. here is "the washington post." we are taking your thoughts on the issue. but gutted the independent line. welcome to the "washington journal." caller: i agree also with a caller on the democrat line. i agree with what he was referring to -- c-span changing a with bias. the issues, they did not talk about it. the ones who are behind it are the political parties. the industrial...
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Dec 5, 2012
12/12
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negotiations continue in washington on the so-called fiscal cliff. president obama plans to enter questions from business members. the group has been urging action to prevent huge automatic tax increases in january. those are some of the latest headlines on c-span radio. [video clip] >> we have not coordinated care. all these services have so many cracks that the cracks are as harmful as the diseases that we're treating. you have to step back and ask, are we hurting people overall? what are we doing? now we have the report saying 30% of everything we do not be necessary in health care. 30% of medications we subscribe, the test and procedures we order. this is something for the first time been called out as a problem. >> this function in the health- care industry. what hospitals will not tell you. urday night at 10:00 p.m. on c-span2. >> "washington journal" continues. host: we have been focusing on different aspects of the fiscal cliff. we want to look at capital gains tax and the estate tax. what is the estate tax? guest: it goes back to history --
negotiations continue in washington on the so-called fiscal cliff. president obama plans to enter questions from business members. the group has been urging action to prevent huge automatic tax increases in january. those are some of the latest headlines on c-span radio. [video clip] >> we have not coordinated care. all these services have so many cracks that the cracks are as harmful as the diseases that we're treating. you have to step back and ask, are we hurting people overall? what...
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Dec 1, 2012
12/12
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. ♪ host: on the subject of the fiscal cliff, john boehner declares a stalemate. this is the headline in an article from politico. the major sticking points remain the same, congressional democrats want to raise taxes on the highest income earners while keeping the current lower tax rates in place for the middle class. republicans want to extend tax breaks at all levels. good morning and welcome to "washington journal." we are going to be talking about the fiscal cliff, the statements the house speaker made about being a stalemate and what the president said during his trip to a toy factory in pennsylvania. here are the numbers. you can also reach out to us by e-mail and twitter and facebook, all of the social media as. on twitter the addresses @cspanwj, facebook.com/cspan. more from the article by jake sherman with the headline " fiscal cliff." he writes -- let's go to the phones. the first call comes from debbie in flint, mich. on the line for democrats. caller: i think they need to pass a law that these guys did not get paid. if i go to work and did not do my j
. ♪ host: on the subject of the fiscal cliff, john boehner declares a stalemate. this is the headline in an article from politico. the major sticking points remain the same, congressional democrats want to raise taxes on the highest income earners while keeping the current lower tax rates in place for the middle class. republicans want to extend tax breaks at all levels. good morning and welcome to "washington journal." we are going to be talking about the fiscal cliff, the...
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Nov 30, 2012
11/12
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host: we are looking at various aspects at the so-called fiscal cliff. joining us for the discussion is steven sloan. he is with politico. could you define what a tax credit is and how that differs from a tax deduction? guest: credits and deductions are used to lower somebody's tax bill. if you have it $1,000 tax bill, -- basically a reduces taxable income, so it takes the taxable income off the top. if you have a $1,000 tax deduction, that is basically a to under $50 deduction -- $250 deduction. host: on their tax credits that specifically affect families? guest: some that have expired that are part of the fiscal cliff package. they get much less attention than the bush tax cuts. they are part of the packet of decisions that congress has to make. host: we can go into debt but to highlight four --th let's start with the child tax credit. what is it? guest: this is a credit that applies to families, some that you can use if you make up to ,000.0 it is they $1,000 credit for each child. unless congress acts, that 10000 becomedit will $500, but becomes less
host: we are looking at various aspects at the so-called fiscal cliff. joining us for the discussion is steven sloan. he is with politico. could you define what a tax credit is and how that differs from a tax deduction? guest: credits and deductions are used to lower somebody's tax bill. if you have it $1,000 tax bill, -- basically a reduces taxable income, so it takes the taxable income off the top. if you have a $1,000 tax deduction, that is basically a to under $50 deduction -- $250...